If we do one more retest of the 15minute 20 or the 0.618 fib, i will move my stop up to the fib and then it should simply continue higher, with stops moving up to the next fib every time it proves as support.
closeup on the 15 minute timeframe:
Above orange is support. Below red i'd say is a reversal and a sell for now, rebuy at the thick Gann-fan support.
Green is a profit level. So are all the fibs upward.
If we break above green, which is possible, expect it to keep retracing to the 0.618 from every big peak. Definitly expect big resistance at 1000sat - or 1065 as the case may be.
Swinging this for the duration of the uptrend would be very profitable. It should be relatively easy to do too; a buy order at the 0.618 can be filled, but then it can drop down to the 0.236 - which would signal reversal. It will then usually bounce to at least the 0.5 if not back to 0.618 before turning lower - so you can get out cheap.
Good luck in Siacoin, especially to the swingers out there.
Red line survived. BUT! We are now at resistance relative to the yellow fan zone. So expect it to stall here for a bit.
If we get above, next stop 683?
If we call this breakout wedge consolidation, the target is 964.